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Sandip Ghosh, 4 Others Seek Exemption In RG Kar College Financial Scam
The five accused in the multi-crore financial irregularities case at state-run RG Kar Medical College and Hospital in Kolkata, including the former and controversial principal of the institute Sandip Ghosh, on Tuesday, sought exemption from the case.
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Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
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RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
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World Bank To Provide Haryana As Much Financing In 5 Years As It Did In Past 50
The World Bank will provide the same amount of financial assistance to Haryana in the next five years as it did in the past 50, a senior official of the global institution said on Friday.
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Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
Karnataka Hikes Incentives For SC, ST Students In Premier Institutes
The Karnataka government has raised the financial aid from Rs 1 lakh to Rs 2 lakh for students from these communities studying in top institutes like IITs, IIMs, IISc, and NITs.
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
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What Is Al-Qard Al-Hassan, Hezbollah's Main Cash Source Targeted By Israel
Israel recently targeted branches of Al-Qard Al-Hassan (AQAH), a financial institution linked to the Iran-backed Lebanese militant group Hezbollah, with precision airstrikes.
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ZebPay Marks a Decade in India’s Crypto Landscape, Sets Sights on Expanding Retail Market Share
ZebPay has completed ten years of operations in India’s crypto market. Looking ahead, the exchange plans to introduce new features and services aimed at family offices, high-net-worth individuals (HNIs), and institutional investors.
-
Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
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Trump Understands Value of Financial Institutions, Says World Bank Chief
World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.
-
Top Institutes For Executive MBA Programmes Worldwide
FT EMBA Rankings 2024: ESCP Business School claimed the second position, climbing up one spot from last year. It ranked first in Europe for the second consecutive year and excelled in career progression and ESG criteria.
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Sandip Ghosh, 4 Others Seek Exemption In RG Kar College Financial Scam
The five accused in the multi-crore financial irregularities case at state-run RG Kar Medical College and Hospital in Kolkata, including the former and controversial principal of the institute Sandip Ghosh, on Tuesday, sought exemption from the case.
-
Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
-
Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
-
RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
-
World Bank To Provide Haryana As Much Financing In 5 Years As It Did In Past 50
The World Bank will provide the same amount of financial assistance to Haryana in the next five years as it did in the past 50, a senior official of the global institution said on Friday.
-
Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
Karnataka Hikes Incentives For SC, ST Students In Premier Institutes
The Karnataka government has raised the financial aid from Rs 1 lakh to Rs 2 lakh for students from these communities studying in top institutes like IITs, IIMs, IISc, and NITs.
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
What Is Al-Qard Al-Hassan, Hezbollah's Main Cash Source Targeted By Israel
Israel recently targeted branches of Al-Qard Al-Hassan (AQAH), a financial institution linked to the Iran-backed Lebanese militant group Hezbollah, with precision airstrikes.
-
ZebPay Marks a Decade in India’s Crypto Landscape, Sets Sights on Expanding Retail Market Share
ZebPay has completed ten years of operations in India’s crypto market. Looking ahead, the exchange plans to introduce new features and services aimed at family offices, high-net-worth individuals (HNIs), and institutional investors.
-
Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
-
Trump Understands Value of Financial Institutions, Says World Bank Chief
World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and how their lending can lead to expanded markets for American companies overseas.
-
Top Institutes For Executive MBA Programmes Worldwide
FT EMBA Rankings 2024: ESCP Business School claimed the second position, climbing up one spot from last year. It ranked first in Europe for the second consecutive year and excelled in career progression and ESG criteria.
